Security

Practitioners who fall under the ruling may be subject to an investigation by the FTC which could result in steep penalties and fines for not complying - up to $43,000 per day.

While primarily targeted at companies maintaining more than 5,000 client records (think tax returns), certain safeguard components are required for firms with fewer than 5,000 records.

The new solution from ShareFile improves client experiences by delivering simple, frictionless interactions.

All firms should have comprehensive computer and Internet usage policies in place to set guardrails on what is acceptable and secure usage of the firm’s technology infrastructure.

The ban on data transfers was widely expected and once prompted the U.S. firm to threaten a total withdrawal from the EU.

Technologists Randy Johnston and Brian Tankersley, CPA, CITP, CGMA discuss useful techniques for managing data within a firm.

The future of financial reporting will show an increased use of automation and artificial intelligence to improve the efficiency and accuracy of an organization’s checks and balances.

A company's reputation, which may have taken years or even decades to build, can be irreparably damaged in just seconds due to a single security breach.